FINANCE
4 Tax benefits to unlock to correctly structure your property portfolio
By Editorial
Property investors are often advised to buy property in their name without knowing the tax implications of building a property portfolio in this way . The danger of this advice is that you are not only often taxed at a much higher tax rate than you would have been in the correct structure , but you also have very little flexibility to distribute profits to pay less tax . This is according to Jaco Grobbelaar founder of Prosperity Enterprises .
67 APRIL / MAY 2023 SA Real Estate Investor Magazine